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Real Estate

[Burke Rankings] Top 5 Least Expensive Neighborhoods

See the latest rankings of the most affordable neighborhoods in Burke. Is your neighborhood on the list?

Although home values in Northern Virginia are on the rise, you can still find some great budget-friendly neighborhoods in Burke. In the past 30 days, 31 properties have sold in Burke ranging from a 2-bed, 2-bath condo for $255,000 to a 4-bed, 2.5-bath detached house for $668,000. The average sold price was $453,152.

Top 5 Lowest Price Burke Neighborhoods for Detached Homes

In the past 12 months, a total of 290 single family detached homes sold in Burke for an average sold price of $619K. These were the least expensive Burke neighborhoods with at least 6 sales.
Subdivision Sold (Ave) Highest Lowest % Lower
Rolling Valley West $516,343 $600,000 $402,500 -17%
Burke Station Square $563,640 $625,000 $500,000 -9%
Lake Braddock $570,757 $650,000 $465,000 -8%
Cherry Run $582,170 $729,000 $473,000 -6%
Signal Hill $582,580 $725,000 $431,550 -6%

Top 5 Lowest Price Burke Neighborhoods for Townhomes

In the past 12 months, a total of 299 townhouses sold in Burke for an average sold price of $410K. These were the least expensive Burke townhouse neighborhoods.
Subdivision Sold (Ave) Highest Lowest % Lower
Woodwalk $290,283 $337,500 $227,000 -29%
Keene Mill Woods $326,181 $400,000 $257,000 -20%
Oakwood Commons Burke $350,794 $369,000 $338,000 -14%
Burke Station Square $392,925 $436,000 $350,000 -4%
Lake Braddock $399,751 $485,900 $275,625 -3%

Top 2 Lowest Price Burke Neighborhoods for Condos

In the past 12 months, a total of 32 condos sold in Burke for an average sold price of $235K. These were the least expensive Burke condo communities.
Subdivision Sold (Ave) Highest Lowest % Lower
Keene Mill Woods $257,500 $265,000 $255,000 9%
Burke Cove $259,505 $290,000 $195,000 10%

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Peggy Yee is a supervising broker at Frankly Realtors and is one of Northern Virginia Magazine's Top Realtors in 2015-2019. She has been quoted in the Around Reston Magazine, Washington Post, Money Magazine, Consumer Reports, Zillow, Trulia and Realtor.com.

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Information based on BrightMLS data and deemed reliable but not guaranteed.

Find out what's happening in Burkefor free with the latest updates from Patch.

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